$1,595,000
823 Lagoon
Wilmington, CA, 90744
Property Description
Sapphire Crest is a fully renovated seven-unit multifamily property located at 823 Lagoon Avenue in Wilmington, California. The two-story, garden-style building encompasses approximately ±5,301 square feet on a ±7,512 square-foot LARD1.5-zoned lot.
Originally constructed in 1965, the property underwent a comprehensive renovation in 2023, including remodeled interiors, a new roof, new windows, drought-tolerant landscaping, and a freshly painted exterior. In May 2024, all electrical subpanels were replaced, enhancing overall system functionality and building condition.
The apartment units feature modern finishes, updated kitchens and bathrooms, new flooring, wall-mounted air conditioning, and ample cabinet and storage space. The property is separately metered for gas and electricity and includes on-site laundry facilities and garage parking for seven vehicles.
Architectural drawings have been completed for a potential approximately ±760 square-foot two-bedroom, two-bath accessory dwelling unit (ADU), subject to buyer verification and applicable approvals.
Sapphire Crest is located within an established residential pocket of Wilmington in Los Angeles County, offering convenient access to surrounding employment areas, coastal communities, and regional transportation corridors. The property is in proximity to Long Beach, San Pedro, Carson, Torrance, and Lakewood.
The location provides efficient access to the 110 and 1 Freeways, supporting connectivity throughout the South Bay and greater Los Angeles region. Long Beach Harbor and the Queen Mary are approximately a 15-minute drive. Nearby institutions such as Los Angeles Harbor College and Ken Malloy Harbor Regional Park contribute to the area’s residential character and community amenities.
The immediate area offers walkable and bike-friendly access to nearby retail, dining, and everyday services. The combination of residential setting, access to transportation routes, and proximity to regional destinations supports continued residential use within this coastal submarket.
Originally constructed in 1965, the property underwent a comprehensive renovation in 2023, including remodeled interiors, a new roof, new windows, drought-tolerant landscaping, and a freshly painted exterior. In May 2024, all electrical subpanels were replaced, enhancing overall system functionality and building condition.
The apartment units feature modern finishes, updated kitchens and bathrooms, new flooring, wall-mounted air conditioning, and ample cabinet and storage space. The property is separately metered for gas and electricity and includes on-site laundry facilities and garage parking for seven vehicles.
Architectural drawings have been completed for a potential approximately ±760 square-foot two-bedroom, two-bath accessory dwelling unit (ADU), subject to buyer verification and applicable approvals.
Sapphire Crest is located within an established residential pocket of Wilmington in Los Angeles County, offering convenient access to surrounding employment areas, coastal communities, and regional transportation corridors. The property is in proximity to Long Beach, San Pedro, Carson, Torrance, and Lakewood.
The location provides efficient access to the 110 and 1 Freeways, supporting connectivity throughout the South Bay and greater Los Angeles region. Long Beach Harbor and the Queen Mary are approximately a 15-minute drive. Nearby institutions such as Los Angeles Harbor College and Ken Malloy Harbor Regional Park contribute to the area’s residential character and community amenities.
The immediate area offers walkable and bike-friendly access to nearby retail, dining, and everyday services. The combination of residential setting, access to transportation routes, and proximity to regional destinations supports continued residential use within this coastal submarket.
Property Details
Price:
$1,595,000
MLS #:
SR26022311
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
195westwilmington
Listed Date:
Jan 30, 2026
Total Sq Ft:
5,301
Lot Size:
7,512 sqft / 0.17 acres (approx)
Year Built:
1965
Schools
Interior
Laundry Features
AR
Levels
U
Exterior
Common Walls
_2CW
Community Features
GOLF, WATE
Garage Spaces
7
Parking Spots
7
Parking Total
7
Financial
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Courtesy of Equity Union. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 823 Lagoon
Wilmington, CA
